Introduction

2019 Federal Election | Negative Gearing Campaign

The Australian Labor party is committed to scaling back negative gearing, despite the steepest housing downturn since the Global Financial Crisis (GFC).

If elected, Labor’s negative gearing policy will:

Abolish negative gearing on further purchases of established property (restricted to new property only)

Halve the Capital Gains Tax (CGT) exemption from 50% to 25%

Grandfather negative gearing on existing property investments

Treasurer Josh Frydenberg says ‘now is the worst possible time for Labor’s disastrous housing tax – which will ensure anyone that owns their home will see their house worth less under Labor, and anyone who rents will end up paying more’.

The REIA is coordinating the industry’s response to the threat posed by changes to negative gearing and will launch a four week social media campaign during the election.

Across all real estate networks, the customer databases within our businesses provide enormous reach into the Australian electorate. That provides the industry with the opportunity to outline the threat posed to all Australians by changes to negative gearing policy.